JUST IN: Fuel price hike looms as Dangote Refinery halts petrol sales in Naira
Nigerians may face another surge in petrol prices as the Dangote Petroleum Refinery announced the suspension of petrol sales in naira, effective Sunday, September 28, 2025.
The development was disclosed in a customer notice made available to journalists on Saturday.
The statement, signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, attributed the move to the exhaustion of its crude-for-naira allocation.
“We write to inform you that Dangote Petroleum Refinery & Petrochemicals has been selling petroleum products in excess of our naira-crude allocations and, consequently, we are unable to sustain PMS sales in naira going forward,” the notice read in part.
“Kindly note that this suspension of naira sales for PMS will be effective from Sunday, 28th of September, 2025. We will provide further updates regarding the resumption of supply once the situation has been resolved.
All customers with PMS transactions in naira who would like a refund of their current payments should formally request the processing of their refund.”
The suspension is expected to intensify concerns over fuel pricing and foreign exchange stability, as similar moves in the past triggered sharp increases at the pump.
